TMC – Trench Metals Corp

Not Compliant

Trench Metals Corp is not Shariah Compliant because it fails the financial ratios.

Trench Metals Corp. is a Canada-based mineral exploration company with a focus on uranium. The Company owns the Carter Lake Uranium Project, situated in the Athabasca basin of northern Saskatchewan, Canada. The Carter Lake Uranium Project spans over 691 hectares on the western flank of the Athabasca Basin. The Company has the right to acquire a 100% interest in two highly prospective uranium projects in Saskatchewan’s Athabasca Uranium district. Its Higginson Lake Uranium Project, which covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake Uranium Project hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308. Its Spreckley Lake Uranium Project, which comprises approximately 1385 hectares in northern Saskatchewan, is strategically located adjacent to Skyharbor’s Pluto Bay Project.

AAOIFI ✗

Debt ÷ Market cap (MC)0
Non-Compliant Assets ÷ MC

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